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RIBL 21.82 1,738,248
MESC 16.85 2,202,941
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GulfBase GCC Index



Financial Services

7.21 (0.57%)  (21/08/2014)
  • Close
  • 1,264.29
  • 52-week high
  • 1,337.73
  • 52-week low
  • 840.01
  • Volume
  • 94,115,144
  • 50-day average volume
  • 98,317,215
  • 1-month change
  • 2.19
  • 3-months change
  • 1.33
  • 12-month change
  • 32.88

Related News


Dubai market does one step back, and 1.5 forward


A last-minute swing lifted the Dubai stock market index DFMGI into the green, as the gauge closed 0.10 per cent higher at 4,855.73 points on Wednesday, August 20, amid thin trading volumes. The construction giant Arabtec and the Dubai’s two bigges

Muscat shares falls marginally


The MSM 30 Index ended lower at 7,320.90 points, down by 0.15 per cent. MSM Sharia Index closed at 1,072.33 points, down by 0.12 per cent. Bank Sohar was the most active in terms of volume as well as turnover. Al Suwadi Power was the top gainer of the

Dubai creates a new class of funds to lure asset managers


New class of funds has minimum subscription of $500,000; Dubai wants asset managers to base themselves in emirate; aims to compete with Luxembourg, Dublin and Cayman Islands; but still lacks lawyers and other professionals

Central Bank of Oman chief emphasises importance of insurance coverage


Humoud bin Sangour Al Zadjali, the executive president of the Central Bank of Oman (CBO), said that in line with the keen devotion shown by the CBO with regard to the Banking Deposit Insurance Scheme (BDIS) and public awareness regarding the im

Amended DIFC law to enhance regulation and attract investors


The DIFC Laws Amendment Law 2014, which amends the Regulatory Law 2004 and various other laws related to the Dubai International Financial Centre, is expected to give a new boost the financial services business from DIFC. The Amendments that will come

QSE extends gains to 2nd day on MSCI weightings upgrade


The MSCI weighting upgrade decision had its positive spill-over effect for the second day on Qatar Stock Exchange with its key index adding 37 more points. The benchmark, however, failed to break the 13,700 level. Non-Qatari individual investor

Saudi likely to impose 20pc foreign ownership limit


Overseas investors in the Saudi Arabian stock market will face restrictions including a 20 per cent ceiling on combined foreign ownership of any listed stock, a major Saudi newspaper reported on Tuesday. The Capital Market Authority announced in late

DFM index gains 0.74% as trade value reaches Dh476.5m


The Dubai Financial Market (DFM) index rose 0.74 per cent on Monday to reach 4,825.60 as the total trade value reached Dh476.5 million — more than twice the value on Sunday, but a significant drop from earlier trade sessions when the value would ex

Blue chips lift QE index to 13,600 levels


Despite Qatar bourse’s Sunday announcement showed the listed companies collectively delivered a lack-lustre net profit for the first half, Qatar stocks made its biggest jump in 11 weeks yesterday. Lifted by blue chips, the benchmark index surged by 1

DGCX office moves to DMCC Free Zone


Dubai Gold and Commodities Exchange (DGCX), the region’s first derivatives exchange, announced on Monday that it has moved to a new permanent office in the DMCC Free Zone, the gateway for commodity trade and enterprise in Dubai. Companies operat

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